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Annual Reports Financial Regulatory Reform California

Ballard Spahr LLP

California’s DFPI Releases Third Annual Report on Activity Under the CCFPL

Ballard Spahr LLP on

On April 25, 2024, California’s Department of Financial Protection and Innovation (“DFPI”) released its Annual Report of Activity Under the California Consumer Financial Protection Law for 2023 (“Annual Report”). The Annual...more

Troutman Pepper

California DFPI Requires Annual Reporting and Expands UDAAP to Commercial Financing

Troutman Pepper on

Earlier this month, the California Department of Financial Regulation and Innovation (CA DFPI) announced a new rule expanding the definition of unfair, deceptive and abusive acts and practices (UDAAP) to commercial financing....more

Manatt, Phelps & Phillips, LLP

California Imposes More Regulation on Commercial Financing

After being the first state to impose disclosure requirements on small business finance transactions, California has now added an annual reporting requirement and subjected commercial finance companies to UDAAP claims. On...more

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